AGRC ICCGO Exam (page: 2)
AGRC International Certified Corporate Governance Officer
Updated on: 24-Mar-2026

Viewing Page 2 of 8

Examples of "material developments" that must be disclosed without delay are:

  1. Any debt outside the company's normal course of business amounting to or exceeding 10% of the company's net assets.
  2. Any debt outside the company's normal course of business amounting to or exceeding 10% of the company's total assets.
  3. Any debt outside the company's normal course of business amounting to or exceeding 5% of the company's net assets.

Answer(s): B



The company must disclose the information required by the governance regulations issued by the Capital Market Authority, just as it must disclose, for example, the remunerations paid in the form of rewards, attendance allowances, other wages, etc., for each of:

  1. The Chairman and members of the board
  2. Committee members and the five highest-paid executives
  3. All of the above

Answer(s): C



The method of holding the ordinary general assembly and the duration of the invitation shall be:

  1. First meeting: The period between the invitation and the meeting shall not be less than 20 days.
  2. First meeting: The period between the invitation and the meeting shall not be less than 21 days.
  3. First meeting: The period between the invitation and the meeting shall not be less than 30 days.

Answer(s): B



"Work ethics" fall under the main risks of:

  1. Commitment
  2. Organizational
  3. Strategic

Answer(s): A



There are several differences between governance and management, and it can be said that:

  1. The board of directors makes its decisions individually.
  2. Executives and managers make their decisions individually.
  3. All of the above.

Answer(s): C



With due regard for the principle of proportionality, the board of directors' supervisory role:

  1. Includes appropriately undertaking the roles of some committees, such as the risk committee, if they are not formed.
  2. Includes participating in the work of the formed committees, such as the risk committee, the remuneration committee, and the nominations committee.
  3. Does not include undertaking any work related to the risk committee.

Answer(s): A



There are several strategies for dealing with risks, such as the "risk implementation strategy," which means:

  1. Implementing a risk removal plan through, for example, insurance contracts.
  2. Taking planned and necessary measures to prevent risks from affecting the organization.
  3. Implementing a work plan to confront a significant increase in risks that exceeds the acceptable amount.

Answer(s): C



The specializations and responsibilities of the audit committee can be summarized in:

  1. Financial reports, internal audit, external audit, and compliance.
  2. Internal audit and external audit.
  3. Submitting to the board issues that the committee deems necessary to take action on, supported by its recommendations and the procedures that the board must take.

Answer(s): A



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